Posted Jun 26 2012 9:11PM
NEW YORK (AP) -- The New York Knicks say J.R. Smith has declined his second-year contract option and will become a free agent.
The Knicks could still re-sign the reserve swingman, who averaged 12.5 points last season, when he becomes a free agent Sunday. He was scheduled to make about $2.5 million next season but could earn slightly more by signing a new deal with the Knicks.
Smith joined the Knicks in February after playing in China during the lockout. He informed the Knicks of his decision on Tuesday.
|GameTime: Learning from the Czar|
Former NBA player Pooh Jeter talks about what it's like to learn from and play for coach Mike Fratello.
|GameTime: Sekou's FIBA Update|
Sekou Smith gives an update on the situation in the Ukraine and talks about team USA's play.
|FIBA: Day Three Wrap|
Check out the best basketball that summer has to offer in the FIBA Day Three Wrap.
|Season Top 10: John Wall|
Relive the top 10 plays from the 2013-14 NBA season from Wizards' guard John Wall.
|Season Top 10: DeMar DeRozan|
Relive the top 10 plays from the 2013-14 NBA season from Raptors' guard DeMar DeRozan.